US shale output has peaked, Diamondback warns, as prices tumble By Investing.com

Contributing sentiments towards policy:

58% : Diamondback was able to capitalize on the shale boom by quickly bringing new wells online through fracking- a much cheaper and quicker means of oil extraction.
52% : The company slashed its 2025 capital budget by $400 million to $3.4 to $3.8 billion, stating that it was scaling back extraction activity as lower oil prices battered its margins. U.S. oil production soared to record highs of over 13 million barrels per day in 2024, capping off a sharp increase in output over the past two decades.
51% : Diamondback said current oil prices were a tipping point for U.S. oil production, and that it was likely that "U.S. onshore oil production has peaked and will begin to decline this quarter." "This will have a meaningful impact on our industry and our country," Diamondback said, noting that the shale boom of the past two decades had spurred American employment, growth, and had also lessened the country's dependence on foreign oil.
41% : Trump has repeatedly called for higher production and lower energy prices.

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